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Hockey's deposit levy should only apply to big 4 banks: Greens

Greens Deputy Leader and Finance spokesperson Adam Bandt MP today said Treasurer Joe Hockey's proposed levy on bank deposits may get passed straight on to consumers, and instead has proposed an alternative model where the levy would be restricted to the big four banks.

"The Greens are concerned that a levy on all bank deposits could be passed directly onto everyday consumers if the levy is simply applied across the board to all banks," Mr Bandt said.

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Treasurer’s early Christmas gift to big corporates

Acting Greens Leader Adam Bandt MP says the Treasurer has handed the big end of town an early Christmas gift while continuing his vicious attack on the young, the old, the sick and the poor.

“Mr Hockey is no scrooge, he’s left a gift for his corporate mates under the giving tree just in time for Christmas,” Mr Bandt said.

“The Abbott government method is to take from the poor and give to the rich.”

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We can afford to pay our public servants fairly: Greens

Deputy Greens Leader and spokesperson on Finance, Employment and Workplace Relations Adam Bandt MP today responded to Tony Abbott’s claims that we can’t afford to increase wages of our public servants in line with inflation.

“Tony Abbott says we can’t afford for public servants’ wages to keep pace with increases in the cost of living. This would see cuts to their real wages in coming years,” said Mr Bandt.

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